Summary:
The book explores the unsustainable nature of the global debt cycle, predicting an impending crisis due to excessive borrowing and financial leveraging. It discusses the potential economic impacts, the end of the debt-fueled growth era, and offers insights on how individuals, governments, and investors can prepare for and adapt to the significant changes ahead.
Key points:
1. Debt SuperCycle: A period where economies build up too much debt, leading to a point where they can't borrow anymore and must make tough adjustments.
Books similar to "Endgame":
SuperCycles
Arun Motianey
The Ten Trillion Dollar Gamble
Russ Koesterich
House of Debt
Atif Mian|Amir Sufi
Financial Reckoning Day
William Bonner|Addison Wiggin
Leveraged
Moritz Schularick
This Time Is Different
Carmen M. Reinhart|Kenneth S. Rogoff
When the Money Runs Out
Stephen D. King
The Rise and Fall of Nations
Ruchir Sharma
Fiscal Therapy
William G. Gale
Between Debt and the Devil
Adair Turner